Belated return
This query is : Resolved
27 September 2013
Dear all,
My client failed to submit IT return within due date allowed in the notice u/s 142(1)but filed before the completion of Assessment. The return was considered as non est and assessment completed without allowing any deductions claimed in the return.
Is there any decision/judgment to consider these type of 'returns' as valid.
My client failed to submit IT return within due date allowed in the notice u/s 142(1)but filed before the completion of Assessment. The return was considered as non est and assessment completed without allowing any deductions claimed in the return.
Is there any decision/judgment to consider these type of 'returns' as valid.
28 September 2013
Facts are not clear. Dates are important.. If it is filed after 2 years then it becomes time barred.
28 September 2013
AY-2010-11
Notice u/s 142(1) to file return within 31-12-2012
return filed on- 31-01-2013
Best judgment assessment u/s 144- 28-03-2013
My query is whether the return is non est?
Pls offer remarks.
Notice u/s 142(1) to file return within 31-12-2012
return filed on- 31-01-2013
Best judgment assessment u/s 144- 28-03-2013
My query is whether the return is non est?
Pls offer remarks.
28 September 2013
yes. return should have been filed before 31.12.2012.i.e. before time mentioned in notice. 142(1) is 1st step of assessment. when notice is issued return needs to be filed within date mentioned in notice.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Tax liability on income of freelancer
- Loan by Partnership Firm
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
